Cape Ann Savings Bank Q2 2026 Portfolio Activity: Focus on Technology, ETFs and Slight Share Adjustments

According to the latest filing, Cape Ann Savings Bank maintained its investment strategy during Q2 2026, with activity concentrated primarily on Technology stocks and Exchange Traded Funds (ETFs).

The bank's portfolio currently consists of 110 holdings, reflecting a diverse allocation across various sectors. The top five positions by weight account for approximately 35% of the total assets, highlighting concentration in key areas.

In terms of purchases this quarter, significant buying activity was observed relative to prior periods:

• CSCO: Cisco Systems Inc. saw a substantial increase with +1085 shares and a +24.15% value change.
• RSP: The INVESCO Exchange Traded Fund experienced a notable rise of +1,415 shares (a ~+11.34%) during the quarter.
• ETN: Eaton Corporation PLC showed an even more pronounced increase with +959 shares representing a massive +59.75% change in its position.

Sales and reductions were also evident, although less dramatic than the buys:

• PSA: Public Storage experienced an exit with -1042 shares (-38.21%) during Q2.
• IJR: The iShares Core S&P Small-Cap ETF saw a reduction of ~-5.82% in its position, though not as significant as the other exits mentioned elsewhere.
• Several holdings showed slight reductions or remained unchanged (e.g., IWM, EFA, IVV), indicating stability for core positions.

The bank's portfolio allocation by sector remains relatively balanced:

• Technology: Comprises ~15.88% of the total value (~$33.7M).
• Financial Services: Holds a significant portion at ~6.42% allocation.
• Communication Services: Includes holdings like GOOGL, representing ~5.54% of the portfolio.
• The largest sector allocation is in 'Unknown' positions (~$109M or 51.35%), which may include various types of debt instruments or smaller equity positions not explicitly categorized.

Overall, while Cape Ann Savings Bank maintained most of its core holdings with minor adjustments elsewhere (like the slight reduction in IWM and EFA), this quarter featured notable additions to specific Technology stocks and ETFs. The bank also exited a position in Eaton PLC (ETN) entirely.